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Sink or Swim: Capitalist Selfhood and Nineteenth-Century American Literature

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People living in the nineteenth-century United States saw shocking upheavals in both the economy and in ideas of selfhood in a commercial society. Narratives such as Horatio Alger’s rags-to-riches tales allured Americans with visions of financial success, while events such as the Panics of 1819, 1837, 1857, and 1865 threatened them with sudden and devastating financial failure. The antebellum period’s “go-ahead” ethos encouraged individuals to form an identity amid this chaos by striving fo...